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Open or closed facilities with the option to roll up all or part of the interest. 100% funding is available with the provision of suitable security.
Bridging Loans - Case Studies
£425,000 to assist with the purchase of a second London property pending sale of existing. Advance secured by first mortgage over properties, with interest rolled up for 4 month term.
£155,000 to assist with purchase of building plot, interest rolled up pending the sale of client’s present home. The advance was secured by second mortgage over the client’s home.
£100,000 to assist with purchase of flat and shop for conversion to residential. Additional security provided by second charge over borrower’s main residence.